Rich people have money, wealthy people have assets.
Rich people have high incomes, wealthy people own a lot of valuable things (properties, land, art, stuff that keeps its value).
New money vs old money/generational wealth pretty much.
Rich people have high incomes, wealthy people own a lot of valuable things (properties, land, art, stuff that keeps its value).
New money vs old money/generational wealth pretty much.
I have a good enough tax regime where I live in Central Europe - for 2022 I paid 8% including income tax, health and social insurance. But I'd definitely consider doing this if it was over 20%.